Over the past few years, much attention has been paid to the issue of global harmonization of generally accepted accounting principles while, at the same time, a much quieter revolution has been ...

The Auditing Standards Board of the American Institute of CPAs has issued a suite of eight new standards on risk assessment that should significantly improve the quality of audits of private companies ...

The Institute of Internal Auditors will soon be unveiling extensive changes in its standards, including a name change. In an email Thursday, the IIA said it would be making the proposed new standards ...

Changes to professional guidance unveiled Monday are designed to help internal auditors provide service that helps their organizations successfully navigate risks that are changing and accelerating ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

New international audit standards, which will be effective from December 15, 2022, are expected to usher in a complete paradigm shift in the profession's approach to audit quality, says the global ...

New Delhi: When India’s audit regulator imposed a fine of ₹10 crore on Coffee Day Enterprises Ltd’s auditor last month, it was among its highest so far—a fraction of global penalties. As India’s ...

New Delhi: The National Financial Reporting Authority (NFRA) on Monday recommended audit standards for limited liability partnerships (LLPs), although the accounting and auditing self-regulator ...